| New owners 08:29 - Apr 26 with 2654 views | Menton |
I’m as enthusiastic as most others about the takeover but I would not want my pension invested in ITFC. I mean, they’re not going to make a profit on this, are they? They’re just not. |  |
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| New owners on 08:32 - Apr 26 with 2250 views | IpswichKnight |
They are not investing the entire pension pot in us, a small amount will be but it will be offset against investments in the likes of Amazon, Tesla, Apple, Microsoft etc... |  | | |
| New owners on 08:33 - Apr 26 with 2245 views | Cheltenham_Blue |
It's a high risk investment. Pension funds make them all the time.
It's not easy to get in to a profit situation, but when possible, the returns can be huge. |  |
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| New owners on 08:39 - Apr 26 with 2196 views | gordon |
No, they're not, and I'm glad it's not my pension. |  | | |
| New owners on 08:44 - Apr 26 with 2173 views | itfcjoe |
It's just a small speculative investment as part of a gigantic investment fund - if they can invest £200m and turn us in to Leicester we will be worth 3 times that.
If they invest £200m and we get stuck in the Championship we'll be worth £60-80m and they'll take the loss |  |
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| New owners on 08:45 - Apr 26 with 2166 views | Guthrum |
You say that, but if we were to improve our position a bit - say to in the Champ and pushing for promotion - then ORG might be able to sell some of the pension fund's holdings for a moderate profit. Due to the layers of ownership, this would just be a change of investment in a parent organisation, not a sale of the club. |  |
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| New owners on 09:02 - Apr 26 with 2090 views | WeWereZombies |
Maybe the Club should give each retired public servant of Arizona a few complimentary match day tickets every season... |  |
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| New owners on 09:06 - Apr 26 with 2070 views | PJH |
| New owners on 08:45 - Apr 26 by Guthrum |
You say that, but if we were to improve our position a bit - say to in the Champ and pushing for promotion - then ORG might be able to sell some of the pension fund's holdings for a moderate profit. Due to the layers of ownership, this would just be a change of investment in a parent organisation, not a sale of the club. |
I thought the idea was to sell the club anyway at some point but the some point would depend on the success or otherwise of the club. Sell at a profit if successful or try and cut their losses if not successful. |  | | |
| New owners on 09:12 - Apr 26 with 2058 views | ElephantintheRoom |
I wouldnt be so sure. You don't know what was actually paid, nor what was agreed. We don't even know what business plan, if any has been formulated. If you look back over the Evans era he gutted the club at every level, so costs are pretty much controlled - and a building site removed from the academy. Once that is built on - and the fence removed it makes expansion a case of when, not if.. Also valuable players turn up by serendipity - Wickham, Rhodes and Mings spring to mind - and the occasional schoolkid can be flogged off if showing promiose. So selling players can possibly pay the bills and even make money - at least in a powerpoint presentation given by people who know nothing about Ipswich or English football to people who know nothing about football, or England, full stop. Also you might be quite syurprised where your pension fund is invested, if you dont invest it yourself - its why most of them have terrible returns - and high charges | |
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| New owners on 09:22 - Apr 26 with 1983 views | Guthrum |
| New owners on 09:06 - Apr 26 by PJH |
I thought the idea was to sell the club anyway at some point but the some point would depend on the success or otherwise of the club. Sell at a profit if successful or try and cut their losses if not successful. |
Indeed. But from the point of view of the pension company, it doesn't need to be all or nothing. | |
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| New owners on 09:24 - Apr 26 with 1963 views | WD19 |
Its a win-win for Town fans until the point they choose to sell. In order to maximise their return (whether that be profit or not) they wont be able to afford any scruples as to who they sell to. |  | | |
| New owners on 09:29 - Apr 26 with 1935 views | trncbluearmy |
| New owners on 09:12 - Apr 26 by ElephantintheRoom |
I wouldnt be so sure. You don't know what was actually paid, nor what was agreed. We don't even know what business plan, if any has been formulated. If you look back over the Evans era he gutted the club at every level, so costs are pretty much controlled - and a building site removed from the academy. Once that is built on - and the fence removed it makes expansion a case of when, not if.. Also valuable players turn up by serendipity - Wickham, Rhodes and Mings spring to mind - and the occasional schoolkid can be flogged off if showing promiose. So selling players can possibly pay the bills and even make money - at least in a powerpoint presentation given by people who know nothing about Ipswich or English football to people who know nothing about football, or England, full stop. Also you might be quite syurprised where your pension fund is invested, if you dont invest it yourself - its why most of them have terrible returns - and high charges |
"its why most of them have terrible returns - and high charges"
that statement puts into context the rest of your ramblings, you have not got a clue what you are talking about. This kind of uninformed rubbish puts people of doing something that can give them financial freedom later in life
If I could be bothered I could point you in the direction of dozens of open and closed funds, etf`s, vct`s etc that make fantastic returns over extremely long periods.
On the other point made by other posters ITFC would be considered high risk, but so would bitcoin,private equity and exposure to emerging markets etc but these will only form a small part of any investment.
For example £100k investment with £5k high risk, if it fails no great negative on the overall fund but if it works then a large enough exposure to make a good return.
Check out something like Scottish Mortgage Investment Trust low charges, fantastic long term returns a mix of all kinds of underlying invesments and may well part of a pension fund, it`s certainly a main component in mine. |  | | |
| New owners on 09:31 - Apr 26 with 1916 views | longtimefan |
| New owners on 08:44 - Apr 26 by itfcjoe |
It's just a small speculative investment as part of a gigantic investment fund - if they can invest £200m and turn us in to Leicester we will be worth 3 times that.
If they invest £200m and we get stuck in the Championship we'll be worth £60-80m and they'll take the loss |
Genuine question as I don’t know the ins and outs of this deal, but whose balance sheet would any loss be attributed to? ITFC or the owner’s companies? | | | |
| New owners on 09:34 - Apr 26 with 1895 views | ElephantintheRoom |
| New owners on 09:24 - Apr 26 by WD19 |
Its a win-win for Town fans until the point they choose to sell. In order to maximise their return (whether that be profit or not) they wont be able to afford any scruples as to who they sell to. |
It's more likely a lose-lose?
Evans was allegedly a supporter and allegedly a successful businessman with a modicum of interest in UK and international sport. If a 'consumate businessman' makes a complete pig's ear of running a small town football club on a downward spiral, what are the prospects for a band of US chancers with no money and fingers in many footballing pies, none of which are doing particularly well at present? | |
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| New owners on 09:48 - Apr 26 with 1812 views | itfcjoe |
| New owners on 09:31 - Apr 26 by longtimefan |
Genuine question as I don’t know the ins and outs of this deal, but whose balance sheet would any loss be attributed to? ITFC or the owner’s companies? |
No idea, but sounds as though club will be funded by equity released opposed to loans as it has been previously | |
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| New owners on 09:49 - Apr 26 with 1801 views | BlueBlueBluex2 |
| New owners on 09:12 - Apr 26 by ElephantintheRoom |
I wouldnt be so sure. You don't know what was actually paid, nor what was agreed. We don't even know what business plan, if any has been formulated. If you look back over the Evans era he gutted the club at every level, so costs are pretty much controlled - and a building site removed from the academy. Once that is built on - and the fence removed it makes expansion a case of when, not if.. Also valuable players turn up by serendipity - Wickham, Rhodes and Mings spring to mind - and the occasional schoolkid can be flogged off if showing promiose. So selling players can possibly pay the bills and even make money - at least in a powerpoint presentation given by people who know nothing about Ipswich or English football to people who know nothing about football, or England, full stop. Also you might be quite syurprised where your pension fund is invested, if you dont invest it yourself - its why most of them have terrible returns - and high charges |
Your comments regarding pensions shows you have no clue what you are talking about.
My PensionBee is up 19.72% over the past 12months and the fees are minimal | | | |
| New owners on 09:49 - Apr 26 with 1803 views | itfcjoe |
| New owners on 09:34 - Apr 26 by ElephantintheRoom |
It's more likely a lose-lose?
Evans was allegedly a supporter and allegedly a successful businessman with a modicum of interest in UK and international sport. If a 'consumate businessman' makes a complete pig's ear of running a small town football club on a downward spiral, what are the prospects for a band of US chancers with no money and fingers in many footballing pies, none of which are doing particularly well at present? |
Well they've already appointed someone to a key role who has more than just a 'modicum of interest in UK sport' which was alwasy Evans key failing.
He wanted to be the CEO, but tried to do it on a part time basis - it doesn't work like that | |
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| New owners on 09:53 - Apr 26 with 1776 views | IpswichKnight |
| New owners on 09:34 - Apr 26 by ElephantintheRoom |
It's more likely a lose-lose?
Evans was allegedly a supporter and allegedly a successful businessman with a modicum of interest in UK and international sport. If a 'consumate businessman' makes a complete pig's ear of running a small town football club on a downward spiral, what are the prospects for a band of US chancers with no money and fingers in many footballing pies, none of which are doing particularly well at present? |
1) they have installed 2 people who know more about football and running clubs than Evans ever did
2) Helsingor are heading towards the play offs for Danish premier league and Phoenix are on the shortlist for next franchise for MLS I don’t call those failures, you might but suspect you’ll be in a very small minority if you do.
3) they might fail but so far they’ve shown more football acumen in 3 weeks than Evans in 13 years. | | | |
| New owners on 13:35 - Apr 26 with 1483 views | Illinoisblue |
| New owners on 09:34 - Apr 26 by ElephantintheRoom |
It's more likely a lose-lose?
Evans was allegedly a supporter and allegedly a successful businessman with a modicum of interest in UK and international sport. If a 'consumate businessman' makes a complete pig's ear of running a small town football club on a downward spiral, what are the prospects for a band of US chancers with no money and fingers in many footballing pies, none of which are doing particularly well at present? |
That’s one way of looking at it. A rather juvenile and dimwitted way. |  |
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| New owners on 14:02 - Apr 26 with 1383 views | chrismakin |
The way I look at it is with the owner of the club being gamechanger and not ORG it opens up the possibilities for further investment into gamechanger itself depending on the success of the club.
So really if ORG fail. They'd look for another investor into gamechanger. If we succeed they can even sell small pieces of org shares if they wanted to to another investor who wants to get involved. |  |
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| New owners on 14:06 - Apr 26 with 1363 views | chrismakin |
| New owners on 09:34 - Apr 26 by ElephantintheRoom |
It's more likely a lose-lose?
Evans was allegedly a supporter and allegedly a successful businessman with a modicum of interest in UK and international sport. If a 'consumate businessman' makes a complete pig's ear of running a small town football club on a downward spiral, what are the prospects for a band of US chancers with no money and fingers in many footballing pies, none of which are doing particularly well at present? |
Not doing well? Have you even looked at the phoenix story. It's incredible what they've done in such a short space of time. | |
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| New owners on 14:18 - Apr 26 with 1341 views | haynes_toe1 |
Worth remembering these new owners won't care whatsoever who the next owners will be, it'll purely be based on the best financial result for them, not the club.
There's a chance they could get us promoted to the championship with some younger talent in the squad and sell immediately to the highest bidder. Not necessarily good news for us but an opportunity for the fund to make a bit of money. | | | |
| New owners on 14:20 - Apr 26 with 1335 views | GeoffSentence |
They intend to make a return by savings on tax. |  |
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| New owners on 14:21 - Apr 26 with 1330 views | jayessess |
| New owners on 14:18 - Apr 26 by haynes_toe1 |
Worth remembering these new owners won't care whatsoever who the next owners will be, it'll purely be based on the best financial result for them, not the club.
There's a chance they could get us promoted to the championship with some younger talent in the squad and sell immediately to the highest bidder. Not necessarily good news for us but an opportunity for the fund to make a bit of money. |
Can't imagine that'd turn them much of a profit. |  |
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| New owners on 14:30 - Apr 26 with 1303 views | chrismakin |
| New owners on 14:18 - Apr 26 by haynes_toe1 |
Worth remembering these new owners won't care whatsoever who the next owners will be, it'll purely be based on the best financial result for them, not the club.
There's a chance they could get us promoted to the championship with some younger talent in the squad and sell immediately to the highest bidder. Not necessarily good news for us but an opportunity for the fund to make a bit of money. |
I dont think it's going to be short term or just be about the football club.
We have people involved who love development. Housing. Areas. The works.
I have a feeling we could see some of ipswich being developed on in the future. | |
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| New owners on 14:31 - Apr 26 with 1288 views | BlueBlueBluex2 |
| New owners on 14:30 - Apr 26 by chrismakin |
I dont think it's going to be short term or just be about the football club.
We have people involved who love development. Housing. Areas. The works.
I have a feeling we could see some of ipswich being developed on in the future. |
By jove it needs it. The town centre is an absolute toilet of a place it really is.
You would love to see hotels and restaurants around the PR area but in truth, who would want to visit there? | | | |
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